Building new homes of unmatched quality and craftsmanship for over 40 years has been the goal of MI Homes. While this is true, let’s see reviews of MI Homes in 2023.
Since its inception in 1976, MI Homes has built a strong reputation on its dedication to providing outstanding customer service, cutting-edge architecture, high-quality building materials, and prime locations.
Working for MI Homes means working for an organization that actively identifies market issues and suggests solutions.
These MI Homes reviews Might help you decide if joining would be a good idea. This post will walk you through the career options available.
What is MI Homes?
MI Homes, Inc. is one of the top leading home building companies in the construction industry today.
For more than 40 years, MI Homes have built new homes of exceptional quality and superior design. The company is renowned nationally for the MI Difference, which includes Whole Home Building Standards, MI Financial, StyleSmart Design, and our sector-leading Transferable Structural Warranty.
Over 130,000 homeowners have had their dreams realized thanks to our company, which was founded in 1976 by Melvin and Irving Schottenstein.
In just one generation since its founding as a family business, MI Homes have expanded to include divisions in 15 areas, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Houston, Indianapolis, Minneapolis, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.
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Application Requirements for MI Homes
MI Homes offers a simpler, easier, and more economical entry point into the brand-new home of your dreams.
No matter if you’re in a buyer’s or seller’s market, you should buy a house as soon as you find the perfect one. But it’s not always that simple.
Your capacity to buy the home and the conditions of your mortgage depending on several monetary considerations.
Knowing the prerequisites for the application can make buying a house from MI Homes easier.
- A credit score of at least 600 on the Fair Isaac Corporation (FICO) scale:
If your score is around 620 or even 600, speaking with one of our M/I Financial, LLC loan officers can help you determine what has to be done to raise it.
The time it takes to build the house allows you to pay off debt, settle accounts, and work on other things to raise your credit score, just like a down payment.
Some homebuyers can close with a higher rate since they improve their scores during the construction phase!
- A verifiable source of income for the previous three months:
Several income sources, including self-employment, are admissible. Just be aware that verifying self-employed income could take a little longer.
- Down Payment:
MI Homes has made it simple: after a contract is signed, this company takes a deposit to reserve the home that is being built especially for you.
Depending on the area, the down payment might be as little as $7,000 in many of our towns. This is one of the characteristics that makes MI homes reviews top-notch.
- A debt-to-income ratio lower than 50:
As a result, your loan payments take up less than half of your monthly income.
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How Does it work?
While you finish each step of the new home-building process, MI Homes want to assist you in starting the next chapter of your life. You and your family can have peace of mind knowing that the best decisions for your new home are being made since you are aware of our construction schedule.
MI Homes are here to empower and assist you throughout the process, wherever you are in it.
When building a new home with MI Homes, this is a general schedule to expect.
Step 1 – Meet up with your new home consultant
Throughout the home-buying process, you will collaborate closely with the New Home Consultant in your neighborhood. This phase can be finished virtually or in person.
This process starts with looking over floor plans and potential home sites to find the one that will work best for you and your family.
So what then should potential buyers bring to their home tour?
1. Analyze your finances to determine what you can afford, taking into account a down payment and an ideal monthly payment.
It’s crucial to understand how much you can afford so that your New Home Consultants can point you on the correct path, but it doesn’t have to be a difficult effort.
It’s acceptable if you have been pre-approved but haven’t spoken with a lender; the New Home Consultant can put you in touch with a loan officer from M/I Financial. They can talk to you about your finances and help you be authorized to buy the house of your dreams!
2. Determine When You Will Move
Knowing when you need to move in can assist your new home consultant to find suitable properties that fit your timeline, whether you are renting, moving, or selling your home.
3. Creating Your Must-Have List is the Most Fun Part!
Your new house consultant will help you choose the ideal layout if they are aware of your needs for your next residence and the issues with your present residence.
Still on the MI Homes reviews; MI homes provide a wide range of floorplans in each community, each with choices to customize the house to your specific requirements. Our knowledgeable New Home Consultants excel at taking the time to fully understand your needs and matching you with the home of your dreams.
Step 2 – Finance Your New Residence
The cost of your home’s purchase and the loan choices you’re comparing based on your particular demands will determine whether you can secure financing.
Numerous advantages come from using M/I Financial, our in-house lender, including additional incentives for closing costs. To ensure the financing process runs as smoothly as possible, M/I Financial collaborates seamlessly with the MI Homes team.
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Step 3 – Choose the Design Options for Your Home
Witness the realization of your home’s interior design vision. Your Design Specialist will be present at this meeting, either in their Design Studio or on-site at one of their communities.
To make sure you stay on track, bring your list of must-haves and have your budget plan prepared. Alternatively, have a look at MI homes Quick Move-In choices, where their design staff has carefully created a home’s design alternatives for you.
Step 4 – Watch Your Dream House Take Shape
To get to know your home inside and out and make priceless memories before the walls are up, you will get the chance to visit onsite with your construction manager at various points during the project.
Using the MyMIHome App, you can follow the construction of your new home from the time the building permit is obtained through the installation of your chosen interior and exterior finishes and the erection of the first walls and foundation.
Step 5 – Arrive in Your New House!
Following your closing with M/I Title or one of our title company partners, you’ll meet with your construction manager for a new home orientation before moving into your brand-new M/I Home.
To provide you and your family peace of mind, the Customer Care staff will be there for you, along with their industry-leading warranty.
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How Much Does the Program Cost?
Still on the MI homes reviews; Let’s examine the program’s estimated cost. MI Homes offer a more convenient and affordable way for you to purchase the house of your dreams.
The following list of the program’s features:
- Low monthly payments that are customized for your needs
- The most recent design trends created by industry professionals
- Simple pricing, simple purchasing processes, and no unpleasant surprises
The program’s housing cost varies depending on the design, location, home amenities, and type of home system.
Let’s take a look at some of the home costs and specifics.
1. Moscoso
- Address: 9048 Flying Eagle Lane, Fort Worth TX 76131 at Copper Creek
- SQ.FT: 1,921
- Price: $409,990
- Estimated Mortgage: #2,387/ month
Description
With 3 bedrooms, 2 bathrooms, and a 2-car garage, this Smart Series plan’s 1,921 square feet of usable living space is also energy-efficient.
Features like the luxury vinyl plank flooring that runs throughout the public areas, the bay window in the serene owner’s suite, and the additional windows in the family room elevate this home.
Upon entering the house, one is greeted by a broad foyer and cool-toned vinyl flooring. The front of the house welcomes you with two bedrooms, a common bathroom, and roomy walk-in closets.
The Moscoso plan’s open-concept living space is its best feature. A sizable island in the kitchen is lit by brushed nickel pendants.
2. Columbus
- Address: 9049 Flying Eagle Lane, Fort Worth TX 76131 at Copper Creek
- SQ.FT: 2,959
- Price: $469,990
- Estimated Mortgage: $2,736/month
Description
To build this stunning Columbus home, MI collaborated with the Pelotonia cancer research foundation. Making a difference in cancer research is made possible by residing in this superb, brand-new property!
You have enough space in this exquisitely designed 5-bedroom, 3.5-bathroom dream home to live comfortably. This striking 2-story layout offers versatility and remarkable design elements that distinguish this home from others.
Observe the grand brown brick facade as you approach the house through the covered front porch. As you enter the two-story foyer, you’ll find a light-filled flex room with elements like 9′ elevated ceilings and premium vinyl plank flooring with silver and natural light tones.
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3. Frontier
- Address: 7214 Rustic Rock Road, Arlington TX 76001 at Twin Hills
- SQ.FT: 3,404
- Price: $639,990
- Estimated Mortgage: $3,725/month
Description
One of our most well-liked home designs is the spectacular 2-story Frontier floorplan, where form follows function.
This floor plan, which measures more than 3,300 square feet, includes 3.5 bathrooms,
4 bedrooms, an open-concept kitchen and family room, a private study, an additional media room for an increased entertainment area, and a 3-car garage.
You must view this model house at Twin Hills to believe the eye-catching, one-of-a-kind design features that fill it! Dark shutters stand out against the cozy, textured brick that surrounds the house, creating a warm welcome.
The interior is just full of wow factor as if the exterior’s curb appeal weren’t enough. Your breath is taken away right away by the high-volume ceilings that are open above, and the gently textured chestnut floors.
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4. Esperanza
- Address: 7145 Pampas Place, Venus TX 76084 at Prairie Ridge
- SQ.FT: 2,255
- Price: $474, 990
- Estimated Mortgage: $2,765/month
Description
This beautiful, one-story, Quick Move-In Esperanza is all-inclusive, so it won’t take you long to fall in love with it. Imagine living in this house with a study, a three-car garage, four bedrooms, and three bathrooms, among other amenities.
As you enter, you’ll see premium vinyl plank flooring giving a fashionable and long-lasting design feature throughout the foyer, study, family room, dining room, and kitchen. A desk, some shelves, and your own functional home office or library can all be set up in the private study.
You may enjoy a cheerful view of your backyard and covered patio through the windows that line the back of the house.
5. Zacate
- Address: 9713 Paxon Road, Fort Worth TX 76131 at Berkshire
- SQ.FT: 3,362
- Price: $649,990
- Estimated Mortgage: $3,794/month
Description
Ever wished you could purchase a model home? Now is your opportunity, though! Three bedrooms, two and a half baths, and 3,362 square feet make up the popular, two-story Zacate floorplan.
Tall ceilings, abundant natural light, and warm-toned wood flooring that permeates the communal living areas will capture you as soon as you enter. Inside, several nuances make this layout come to life. Just off the entrance, there is a sight of magnificent staircase.
For those who work from home or need a little additional space for DIY projects, there is a chic, well-lit study on the other side of the entryway. This room stands out because of the French doors and coffered ceiling.
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What People are Saying About M/I Homes: Recent MI Homes Reviews
M/I Homes has been building new homes of unrivaled quality and craftsmanship for over 40 years.
They’ve also built a reputation for superior customer service with over 140,000 satisfied homeowners with each new home. Customer satisfaction is, in fact, the foundation of their philosophy.
Here are real-life reviews of M/I Homes:
I’m having a home built by M/I. It’s in the early stages of construction, so it’s hard to know the final outcome. However, all the M/I personnel is knowledgeable and very helpful. On that basis alone, I’m giving 4 stars.
Michael Grube – Average rating: 4 out of 5 stars
I would highly recommend it. They truly care about their people. They go above me on a calling teaching you about how to treat customers right. I could not be a better company to work for.
Building Superintendent (Former Employee) – Tampa, FL – August 6, 2022
Workplace culture was outstanding. Home buyers made it a wonderful challenge providing information and answering questions about standard features, upgrades, homesites, communities, financing, build process, and setting expectations. All in all a great employer.
New Home Sales, Customer Service, Community Management (Former Employee) – Columbus, OH – May 13, 2022
Careers in MI Homes
The MI team is a close-knit group of individuals. A particular type of person is drawn to this innovative and amiable company, and that common trait with too-notch MI homes reviews makes this company a fantastic workplace.
Without losing the welcoming, roll-up-your-sleeves attitude of a vibrant, growing environment, MI Homes provide all the advantages of a major corporation.
To accomplish their objectives, they work as a team, but also value and encourage the unique skills and capabilities of each person.
Our extensive benefits programs and MI homes reviews give workers the chance to combine their personal and professional life while also giving them the chance to set themselves up for a bright financial future.
If you are interested in joining MI Homes careers, here are some available jobs
- Construction Manager
- Plan Developer
- Construction Associate
- Marketing Manager
- Title Technician
- Customer Care Manager
- Construction Intern
- Mortgage Loan Officer
- Purchasing Manager
- Digital Marketing Intern
- Front Desk Receptionist
- Regional SEO Coordinator or
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FAQs About MI Homes Reviews
How soon after I submit my application will the MI Homes loan officer contact me?
If you submit it in the morning, you ought to hear in one to two hours. We will begin working on it the next morning if you fill it out in the evening.
Does making use of a MI Homes first-time buyer program typically increase the initial interest rate?
Not usually. It does not necessarily mean you will have a higher rate because certain bond programs offer rates that are equally low as those of other programs.
What would happen to my credit score if I wish to transfer to MI Financial but am prequalified with another lender?
Your score won’t be much impacted if you don’t have many inquiries. Your score won’t be impacted at all if it happens within 2-3 weeks. You have time to make up for the dock in points if you are purchasing a home that is still being built.
Conclusion
MI Homes’s primary goal is to kindly assist the family of occupants who purchase or lease their homes. By making the entire process simple, effective, and exciting, this business hopes to ensure that each client’s American Dream is realized.
With these detailed MI homes reviews, you can begin your home-building journey with MI homes.
References
- jobsage.com – About MI Homes
- mihomes.com– MI Homes
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